Gold: Waiting for Wave 3 of 5 confirmation.GoldOANDA:XAUUSDRezajahaniI’ve updated my Gold analysis because I believe the wave I previously labeled as Wave 5 may actually have been the end of Wave 3 of the larger impulse move. This correction should have been deeper. It’s possible that the upward move from the current area marks the beginning of the next bullish leg, or that the main Wave 5 could begin from the 4117.78 area. We need to closely monitor the wave structure and wait for the right setup. Ideally, after Wave 1 and the Wave 2 correction of Wave 5, we can look for an entry at the beginning of Wave 3 of 5. Best regards, Reza Jahani